In a testament to this commitment, AEV has signed on as the first Philippine company to support the Task Force on Climate-Related Financial Disclosures (TCFD) in 2019. AboitizPower aims to achieve the following in terms of salary administration: internal equity, market competitiveness, increased performance and productivity, and compliance with laws and regulations. View the latest AEV financial statements, income statements and financial ratios. After decades of giving to various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in areas where its companies operate, the Aboitiz management decided to find a more efficient and effective way of giving. The Aboitiz Groupâs corporate governance framework is rooted in its core values of integrity, teamwork, innovation and responsibility, which have been institutionalized in the respective Manuals, Code of Ethics, and key company policies and protocols.Â. We remain committed to growing our business in a manner that has the least adverse effect on our people, environment and communities. For us, this means being able to support the execution of the Groupâs strategies through people. In the years that followed, UnionBank continued to enhance the platform’s functionalities by adding CX-driven features like digital account opening, online check deposit and unit investment trust fund account viewing while ensuring the stability and security of the app. (The Sea, Sky, and TSI). Aboitiz & Company; The Aboitiz Way; Our Businesses; Aboitiz Equity Ventures Inc. Our Leaders; Conglomerate Map; Map of Operations; Awards and Citations; Organizational Structure; Sustainability & CSR. Carbon Emissions Reduction, Energy and Water Efficiency. Key subject matter experts from different industries were invited to share their experiences and learnings, Forging the Aboitiz Group’s value of Innovation and AboitizPower’s Owner Mindset, the Inyovation program encouraged team members to initiate developments in their processes to improve productivity and efficiency; increase customer satisfaction; enhance a current process, system, or service; reduce costs; or contribute to sustainability.Â. The company in its conduct of business does not provide any monetary contributions for the following activities: The Aboitiz Group’s commitment to sharing with the less fortunate is a philosophy that traces its roots over a century ago when its forefathers first established their business in Leyte. ... SN Aboitiz Power Magat, Inc. and SN Aboitiz Power Benguet, Inc. ... AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV) AEV joins more than 930 international supporter organizations with a combined market capitalization of USD11 trillion that commit to developing voluntary and consistent climate-related financial risk disclosures. 2017 Aboitiz Integrated Annual Report To do this, we embody high P.E.R.F.O.R.M.A.N.C.E. This year’s ASMs were held last April … To do this, we embody high. Compliance Monitoring System (CMR) Online. 1% lower than the Php 22.2 billion in the same period of the previous year. This involves pollution control through clean-up, rehabilitation, conservation, and preservation. This system is guided by the corporate accounting and reporting standards of The Greenhouse Gas Protocol developed by World Business Council for Sustainable Development and World Resources Institute. Aboitiz Equity Ventures, Inc. (AEV) began reporting its sustainability initiatives from a group perspective in 2009. An employee shall be allowed a maximum of 16 working hours per day, inclusive of regular working hours and overtime. Results of 2019 Occupational Health and Safety Monitoring: Aboitiz Equity Ventures (AEV) supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. AEV recorded a consolidated net income (NIAT) of Php 22.0 billion in 2019. The Aboitiz Group’s commitment to giving back is a principle that traces its roots over a century ago when its forefathers first established their business in Leyte. View AEV.PH financial statements in full. Pilmico’s Business Process Team and HR partners brainstormed to launch Innovation 2.0, a campaign that makes improvements to the process, system, and management structure while planning for the necessary cascade activities to promote innovation across the Food Group. All Rights Reserved. Among its key features are a plaza and a boardwalk lined with trees and plants endemic to Boracay to help rebuild the areaâs biodiversity. It constantly delivers value to its stakeholders, including communities where there is the Aboitiz presence. The Groupâs Sustainability Report outlines the coordinated efforts of the sustainability stewards and ESG principles in the business units to improve and enhance the Groupâs performance on team member engagement and development, corporate social responsibility, customer focus, disaster resilience, carbon emissions reduction, resource efficiency, renewable energy, waste management, financial growth, and financial returns. We have translated sustainability into our brand promise of advancing business and communities. AboitizPower has been a partner of the Philippine Eagle Foundation since 2010. Over the years, sustainability has been our ubiquitous term in covering our environmental management, labor practices, social responsibility, and fair and ethical governance in our business ventures. Conservation Initiatives (Biodiversity Initiatives and Environmental Improvement Initiatives). Sustainability at Aboitiz Over the years, sustainability has been our ubiquitous term in covering our environmental management, labor practices, social responsibility, and fair and ethical governance in our business ventures. . The Aboitiz Group continuously finds better ways of doing business, experimenting and reinventing where possible. We partnered with the Climate Change Commission in conducting trainings on Local Climate Change Action Planning to increase capacities of local municipalities. AEV has four business groups, namely: power, financial services, food and transport. In the concept of a triple bottom line that we adhere to, People is a paramount priority. By the end of 2019, Cleanergy Park recorded the following:Â. Aboitiz Equity Ventures 9. This guideline promotes environmentally-sound methods that maximize the utilization of valuable resources and encourages resource re-use, recycling, and recovery, as well as establishing community partnerships where practicable. Team members that work in customer and community-facing functions undergo training to fully embody the principles and processes of stakeholder relationship management (SRM) and communication. Talent attraction (recruitment), optimization, and retention. Sustainability Programs. Strong. Aboitiz Equity Ventures, Inc. Shareholders’ Report First Half 2014. Copyright 2019 Aboitiz. The Aboitiz Group believes in managing risks well in order to pursue growth. The Center also provides an overview of TSI’s operation of the 300-megawatt Davao Baseload Power Plant. The Aboitiz Group is using the integrated format to corporate reporting, consolidating the reports of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. Aboitiz Equity Ventures Inc. RAFI is a family-based foundation that is rooted from the philosophy of its founder that “the dignity of man is best respected by helping him realize his hopes and by sharing with him the burden of his fears.” Its vision has consistently been “Touching People, Shaping the Future” while its current focus areas are integrated development, micro-finance & entrepreneurship, culture & heritage, leadership & citizenship, and education. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches.Â. It has been assigned by the Department of Environment and Natural Resources (DENR) as the Pawikan Rescue Center of Davao City. Note: Total water consumption does not include non-consumptive water use such as water intake for hydropower generation. of Common Shares Outstanding and Entitled to Vote Stockholders Present in Person (Common Shares) The AEV Risk Management Team supports the Groupâs sustainability efforts by ensuring that we have an Enterprise Risk Management program that will help us manage sustainability issues and create shared value for our communities.Â Â Â Â Â. Our Race to Reduce (R2R) programs have paved the way for addressing concerns related to biodiversity, resource efficiency, and waste management. Lists PHP 7.55 Billion Fixed Rate Bonds on PDEx Posted on: November 16, 2020 16 November 2020, Makati, Philippines — A returning issuer, Aboitiz Equity Ventures, Inc. (AEV), listed its PHP 7.55 Billion 3-year and 5-year Fixed Rate Bonds … We also deliver an engaging talent experience through a seamless end-to-end HR service delivery. Build, protect, and enhance our reputation. , micro, small and medium enterprises (MSMEs) conduct business continuity planning (BCP) to strengthen community enterprise and to reduce their vulnerability to the impacts of unforeseen events, including major emergencies and disasters. Aboitiz Equity Ventures, Inc. (ABTZY) latest earnings report: revenue, EPS, surprise, history, news and analysis. A single accident can give rise to several lost workday cases, depending on the number of people injured as a result of that accident. Some of these activities include the Annual Aboitiz Groupwide simultaneous tree planting, Cleanergy Park, watershed projects, adoption of protected areas, Adopt-a-River, Adopt-a-Marine Sanctuary, coastal and river clean-ups, and Philippine Eagle Adoption. Sustainability Report. The Aboitiz Group believes that the rights and interests of minority shareholders are aligned to those of the controlling shareholders, not only in terms of returns on their investments but also in the sustainability of the Groupâs businesses.Â AEV ensures timely disclosure to shareholders regarding their respective businesses, and that shareholders receive dividends in accordance with established dividend policies. In 2019, Operation Control companies of AboitizPower are already 100% certified with ISO 9001:2015 Quality Management Systems, ISO 45001 Occupational Health & Safety or OHSAS 18001 Occupational Health and Safety Management System and ISO 14001 Environmental Management System. Public school teachers easy and aboitiz equity inc report for elderly, and is ongoing. The funds raised were donated to the Aboitiz Foundation, and the Home of the Golden Gays, a care facility for elderly, destitute gay men who perform in drag to make a living. Aboitizâs digital transformation journey identified key digital strategic objectives to grow the business. Governance on Climate-Related Risks and Opportunities, Actual and potential impacts of climate-related risks and opportunities on the organizationâs business strategy and financial planning based on materiality, Organizational processes to identify, manage and assess risk, Targets and Metrics used to assess and manage relevant climate-related risks and opportunities based on materiality, 2019 Integrated Annual Corporate Governance Report. ON A year-to-date (YTD) basis, Aboitiz Equity Ventures, Inc.’s (AEV’s) net income for the first nine months of 2019 was ₱15.7 billion, 9.0 percent lower than the ₱17.3 billion recorded during the … Aboitiz Equity Ventures, Inc. (AEV) is the publicly listed holding and investment company of the Aboitiz Group with major investments in power, banking, food, land development, and biofuel. Team members that work in customer and community-facing functions undergo training to fully embody the principles and processes of stakeholder relationship management (SRM) and communication. Using agile principles, a minimum viable product of the app was launched with key features such as self-service sign-up, viewing of all accounts and transactions, fund transfer to UnionBank and other local bank accounts, and bills payment. 1. principle to achieve and sustain Business Results, Operational Excellence, Service Excellence, and Employee Development. We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. All EIAs can be accessed through DENR’s Compliance Monitoring System (CMR) Online. AboitizPower SEC Form 17-A (2017 Annual Report) Aboitiz Foundation (CSR) Annual Report. AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV). The commitment aims to lower emissions, address climate change resilience, and embed sustainability in our business processes. FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Aboitiz Power Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Enhance overall long-term effectiveness of the organization. The Group is nearing its target; having planted 7,462,469 trees in 2019. In one facility alone, 45 different species of birds were spotted and identified, five sea turtle nests have been discovered, and live coral cover around the facility increased from 16% in 2013 to 30% in 2018. As part of its ISO 45001 Occupational Health & Safety Certification, and ISO 14001 Environmental Management Systems Certification, the company ensures that there are programs in place for employees across all business units to have sufficient training and knowledge. Aboitiz Equity Ventures Inc. Our Leaders; Conglomerate Map; Map of Operations; Awards and Citations; Organizational Structure; Sustainability & CSR. This is a 240% increase in water recycled than the previous year. ABOITIZ Equity Ventures, Inc.’s (AEV) net income in the first semester plunged by more than half as the global coronavirus pandemic continues to batter its businesses. AEV supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. Aboitiz Equity Ventures, Inc. Corp. Forum Pacic GT Capital House of Inv. Companies listed are operational facilities as of end 2019, The company prohibits the influence of any legislators or committees of Congress, to pass or defeat legislation that may be beneficial or in favor of the company, in exchange for money or property. Through this partnership and the Captive Breeding Program, we ensure that the national bird of the country is fed, taken care of, sheltered, and conserved. The event also included performances by different musical acts in the company, who played songs that celebrate individuality. Bitin, Bay, Laguna. It was one of its first leaders, Don Ramon Aboitiz, who started corporate philanthropy through donations to various groups and needing communities, as well as looking after the welfare of his employees. sets out how the executive management, team leaders, and team members can achieve and maintain ethical standards in the Groupâs day to day operations and summarize the Groupâs fundamental policies and directives. Companies listed are 50% and above operationally controlled by AboitizPower Companies listed are 50% and above operationally controlled by AboitizPower, 2. 13,992 mangroves were planted by the end of 2019. Generation units included are the following: AP Renewables, Inc, San Carlos Sun Power, Inc., Luzon Hydro Corp., Hedcor, Inc., Hedcor Sibulan, Inc., Hedcor, Tudaya, Inc., Hedcor Sabangan, Inc., Hedcor Bukidnon, Inc., Therma Marine, Inc., Therma Mobile, Inc., Therma South, Inc., East Asia Utilities Corporation, Cebu Private Power Corporation, SN Aboitiz Power Magat, Inc. and SN Aboitiz Power Benguet, Inc. AboitizPower delivers on its social commitment by providing venues for employee development, minimizing occupational health and safety risks, eliminating hazards to ensure a safe and healthy work environment, and nurturing relationships with stakeholders. 2018 Aboitiz Integrated Annual Report. In 2017, the Bank invested in designing and developing the UnionBank Online platform to bring about a seamless and delightful banking experience. The total shareholder return continues in an upward trend from 1% in 5 years to a projected 22% in 10 years. The company complies to various environmental laws in the Philippines, such as the DENR DAO30-IRR for EIS Systems and Republic Act 6969 Toxic Substances and Hazardous and Nuclear Wastes Control Act of 1990. The rights of shareholders are of paramount importance in the AEV By-laws, Codes of Ethics, and Manuals.Â The goal is to ensure the protection of shareholder interests and concerns through the free exercise of shareholder rights.Â Among the rights of these shareholders, regardless of the number of shares they own, are to receive notices of and to attend shareholdersâ meetings; to participate and vote on the basis of the one-share, one-vote policy; nominate and elect Board members (including via cumulative voting); inspect corporate books and records; vote in person or in absentia through a proxy; receive dividends, and ratify corporate action. AEV supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database. The entire Rights of Shareholders can be read here. All materials on this website are protected by copyright and intellectual property laws and are the property of The Philippine Stock Exchange, Inc. With five generations of Aboitiz Group business success behind it, AEV is moving forward, pursuing its vision to be a truly sustainable enterprise that can be entrusted to future generations. Political campaigns, ballots measures or referendums. (A) Unassociated Document Exhibit (a) NUMBER AMERICAN DEPOSITARY SHARES CUSIP # Each American Depositary Share represents ten (10) shares of common stock of the Company AMERICAN DEPOSITARY RECEIPT EVIDENCING AMERICAN DEPOSITARY SHARES REPRESENTING SHARES OF COMMON STOCK OF ABOITIZ EQUITY VENTURES, INC. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders. Ratio and margins all Aboitiz business units to showcase outstanding digital projects and to collaboration... 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